Cricut Inc reports results for the quarter ended December 31 - Earnings Summary

• Cricut Inc CRCT.OQ reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of four analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 4 cents to 5 cents per share.

• Revenue fell 9.5% to $209.31 million from a year ago; analysts expected $216.47 million.

• Cricut Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $11.93 million.

• Cricut Inc shares had fallen by 4.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the integrated hardware & software peer group is "sell."

Wall Street's median 12-month price target for Cricut Inc is $4.88

This summary was machine generated from LSEG data March 5 at 01:50 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Dec. 31 2024	0.04	0.06	Beat
Sep. 30 2024	0.05	0.05	Met
Jun. 30 2024	0.05	0.09	Beat
Mar. 31 2024	0.06	0.09	Beat